Reading Time: 2 minutes MarketsFarm — The U.S. Department of Agriculture’s projected increases for domestic and worldwide wheat ending stocks, along with a strengthening Canadian dollar, brought pressure onto western Canadian wheat bids for the week ended Thursday. In its monthly world agricultural supply and demand estimates (WASDE) report on Wednesday, USDA showed a projected 1.78 million-tonne rise in […] Read more
Prairie cash wheat: Stronger crop prospects, loonie lower bids
MGEX, K.C. wheat down on week
Feed weekly outlook: Alberta bids see slight gains
Reading Time: 1 minute MarketsFarm — Alberta feedlots are only buying feed barley and wheat on a hand-to-mouth basis as demand remains unchanged, according to a local trader. “A lot of the feedlots we work with are buying what they needed and getting covered,” said Agfinity Inc. senior trader Erin Harakal from Stony Plain, Alta. High-delivered bids are $12.93 […] Read more
Taliban increase payment in wheat as economic crisis deepens
Reading Time: 2 minutes Kabul | Reuters — Afghanistan’s Taliban administration said on Tuesday it was expanding its ‘food for work’ program, in which it uses donated wheat to pay thousands of public sector employees instead of cash as a financial crisis intensifies. Wheat, largely donated by India to the previous U.S.-backed Kabul government, is being used to pay […] Read more
Feed weekly outlook: Feedlots, elevators filled with corn
Reading Time: 2 minutes MarketsFarm — As 2022 begins, feed grain markets in Alberta have been “status quo,” according to a grain buyer. “There’s a lot of grain that has been pre-contracted in terms of corn coming in from the United States,” said Brandon Motz of CorNine Commodities at Lacombe, Alta. “Lots of priority has been towards execution, making […] Read more
Prairie cash wheat: Bids down despite cold weather, Russian tensions
Reading Time: 2 minutes MarketsFarm – Despite a wide array of factors which would have provided support to prices, Prairie wheat was in the red for the week ended Dec. 30. With areas already experiencing dry conditions, a large cold snap hit both the Prairie provinces in Canada and the Southern Plains in the United States. For the latter, […] Read more
Prairie cash wheat: Prices booked remarkable upswing in 2021
U.S. wheat futures well up on year
Reading Time: 2 minutes MarketsFarm — There were huge gains in wheat prices in Western Canada this past year. Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheats shot up by $200 per tonne or more, while those for Canada Western Amber Durum (CWAD) spiked well in excess of $400 per tonne. Significant increases in U.S. […] Read more
Feed weekly outlook: Corn is king at feedlots to end 2021
Reading Time: 2 minutes MarketsFarm — As the holidays approach and 2021 comes to a close, there was little trading activity on feed grain markets, according to Allen Pirness, senior trader at Market Place Commodities in Lethbridge. “The offers are still quite a bit higher than the bids. But there hasn’t been a lot of appetite right at the […] Read more
Prairie cash wheat: Bids show small gains
Minneapolis, K.C. March wheats up on week
Reading Time: 2 minutes MarketsFarm — Growing drought concerns in the U.S. and improved export numbers led to higher bids for western Canadian wheat for the week ended Thursday. However, a mid-week selloff on the futures market held back some gains. The southern U.S. Plains, which are a growing area for hard red winter wheat, have been affected by […] Read more
Feed weekly outlook: Bids high, but limited supplies mean little moving
Reading Time: < 1 minute MarketsFarm — Feed grain prices in Western Canada remain at very high levels heading into the New Year, but little is actually trading as feedlots fill up with cheaper corn from the U.S. “The volume trading of Canadian feed grains has dropped significantly,” said Jim Beusekom, of Market Place Commodities at Lethbridge, noting about 80 […] Read more
Growing wheat in Eastern Canada
Public wheat breeding is gaining steam in the East with aggressive new variety goals
Reading Time: 6 minutes It’s been an incredible 20 months for researchers working with wheat in Canada and around the world. In that time, the industry has seen the release of its first transgenic variety (a drought-tolerant wheat in Argentina), and it has also wrapped up more than 13 years of mapping the wheat genome. The latter is a […] Read more
A message from April Stewart, Country Guide's Associate Editor
